Going Concern Value

• Going concern vs. liquidation value.

Value is the utility, worth or desirability of an asset, right or privilege. All things of value can be generically referred to as assets. In our soci...

• The Business Owner
• Vol. 35 Nbr. 3, May 2011

• SP Newsprint Files Chapter 11 to Maximize Going Concern Value.

Day to Day Operations to Continue as Usual Negotiating DIP Facility and Use of Cash Collateral GREENWICH, Conn. -- SP Newsprint Holdings LLC ("SP ...

• Business Wire
• November 15, 2011

• Going Concern Value

The value inherent in an active, established company as opposed to a firm that is not yet established. The value of the ...

• West's Encyclopedia of American Law
• Fri–Jam

• Nothing succeeds like succession: the basis of a firm's value is its vigor as a going concern.

EXECUTIVE SUMMARY * SENIOR PARTNERS AT CPA FIRMS NEED TO PLAN how they will cash out of their practices. A firm's revenues greatly depend on clients...

• Journal of Accountancy
• Vol. 200 Nbr. 1, July 2005

• Coastal Fuels of Puerto Rico, Inc., Plaintiff, Appellee, v. Caribbean Petroleum Corporation, Defendant, Appellant., 175 F.3d 18 (1st Cir. 1999)

...Of this $4.5 million, $2 million was for going-concern damages. The district court denied CAPECO'..., he also calculated Coastal's going-concern value. In the first trial, Sherwin valued Coastal's goin...

• Federal Circuits

• Appraisal Institute, ASA send SBA letter on going concern value.

On October 23, 2002, the Appraisal Institute and the American Society of Appraisers sent a letter to the Small Business Administration addressing conc...

• Valuation Insights & Perspectives
• Vol. 7 Nbr. 4, September 2002

• 26 CFR 1.755-1 - Rules for allocation of basis.

...First, the partnership must determine the value of each of its assets under paragraphs (a)(2) thro... in section 197), as well as any goodwill or going concern value that would not qualify as a section ...

• Code of Federal Regulations - Title 26: Internal Revenue

• SBA responds to Appraisal Groups on guidelines, going concern value.

On October 7, James Rivera, Associate Administrator for Capital Access, sent a letter to the Appraisal Institute and American Society of Farm Managers...

• Valuation Insights & Perspectives
• Vol. 9 Nbr. 4, September 2004

• Section 197: methods for treating intangibles.

The Omnibus Budget Reconciliation Act of 1993 (OBRA), signed into law on Aug. 10, 1993, focuses on the amortization of intangibles. It contains Section 197 which allows depreciation deduction or the amortization of assets acquired in excess of the purchase price over the fair market value to be classified as intangibles such as goodwill and going concern value, business books and records, patents, copyrights, franchises, trademarks and computer software. It can only be applied to asset acquisitions made after the enactment of OBRA 1993.

• The National Public Accountant
• Vol. 39 Nbr. 10, October 1994

• Distributions to retiring partners.

Part 2 The uniform amortization rules for intangible property, enacted in 1993, can have an effect on partnership distributions when a retiring partner sells his interest to the partnership. Because partnership interests are largely comprised of intangibles, such as goodwill and client lists, the amortization rules will apply to the payments to the retiring partner. The anti-churning provisions may deny amortization of goodwill and going concern value when acquired from related parties at the partnership level and at the partner level.

• The Tax Adviser
• Vol. 25 Nbr. 5, May 1994